Sagamore Hills Mid-Century Split

[Jim Pinter]

Investment Info:

Single-family residence fix & flip investment in Sagamore Hills Township.

Sale price: $325,000

CURRENTLY UNDER CONSTRUCTION CONTACT US FOR MORE INFORMATION

What made you interested in investing in this type of deal?

Another great house in a wonderful older neighborhood minutes from the CVNP and connected to the regional bike and Hike system. With its gently rolling yard and mid century charm this home is truly unique. Centrally located close to all the shopping, restaurants, bars, and parks one could ask for. Walk-able neighborhood with old growth trees and large lots.

How did you find this deal and how did you negotiate it?

This one was a bit of a challenge. Owned by three brothers after the father passed away the home needed allot of work. The asking price was far to high and negotiations were long and drawn out. After a few rounds we got what we feel is a far price.

How did you finance this deal?

Standard bank mortgage

How did you add value to the deal?

Sweat equity through design and construction project management and scheduling.

What was the outcome?

Design is almost complete.

Lessons learned? Challenges?

TBD

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

TBD